2331 Magazine Street, New Orleans, LA 70130
Local realty services provided by:CENTURY 21 Buelow-Miller Realty
2331 Magazine Street,New Orleans, LA 70130
$2,520,000
- 16 Beds
- 16 Baths
- 9,875 sq. ft.
- Multi-family
- Active
Listed by: bryce danna-marullo
Office: bridgewater realty advisors, llc.
MLS#:2575779
Source:LA_CLBOR
Price summary
- Price:$2,520,000
- Price per sq. ft.:$255.19
About this home
100% occupied, producing $17825/month gross rental income. Value add opportunity in A+ location on Magazine Street with ability to increase rents 30-40% (increase to $21,795/month) with minor cosmetic renovations. 2331-33 Magazine St, New Orleans, LA 70130. Historic multifamily in the Garden District on Magazine Street. Two connected three-story wood-frame buildings with 16 one-bedroom units totaling approximately +/-9,875 Gross SF on an approximately +/-9,148 SF lot. Frontage on the Magazine Street corridor. Close proximity to restaurants, retail, entertainment, and cultural amenities. St. Charles Avenue streetcar line within walking distance. Rear parking. Tenant-paid utilities. All information is deemed reliable but not guaranteed; buyer and buyer’s agent to verify.
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Home facts
- Year built:1860
- Listing ID #:2575779
- Added:5 day(s) ago
- Updated:September 10, 2026 at 03:03 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:16
- Full bathrooms:16
- Living area:9,875 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Heating, Window Unit
Structure and exterior
- Roof:Shingle
- Year built:1860
- Building area:9,875 sq. ft.
- Lot area:0.23 Acres
- Construction Materials:Wood Siding
- Exterior Features:Balcony, Fence
- Foundation Description:Raised
- Levels:3+ Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,520,000
- Price per sq. ft.:$255.19
Parking
- Parking description:Off Street
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